GOLDFIELD CORP. v. GEN. HOST CORP.


29 N.Y.2d 264 (1971)

In the Matter of the Goldfield Corporation, Appellant, v. General Host Corporation et al., Respondents.

Court of Appeals of the State of New York.

Decided November 18, 1971.


Attorney(s) appearing for the Case

Sheila L. Birnbaum, Howard Lester, Michael N. Block, Emile Z. Berman and A. Harold Frost for appellant.

Edwin E. McAmis and Douglas Foster for repondents.

Chief Judge FULD and Judges BURKE, SCILEPPI, BERGAN, JASEN and GIBSON concur.


BREITEL, J.

The issue on summary motion is whether an annual corporate meeting may be annulled and the election of directors and adoption of resolutions set aside where the beneficial owner of 16.7% of the outstanding common stock was deprived of an opportunity to request a proxy and to vote, and other shareholders were incorrectly informed that these shares could not be voted.

The election, it is concluded...

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